Spring TX 77379 Preforeclosure Shortsale


ShortSale Approval Letter

Short Sale Documents


Shortsale Details

Anticipated Foreclosure DateJul 3, 2007
First Mortgage with Countrywide Home#$270,000.00
Second Mortgage with GMAC#0359258478$65,000.00
Total Owed$325,000.00
Market Value$240,000.00
Accepted by Debt Holders$236,000.00
Savings$89,000.00
Time to Negotiate Shortsale62 days

Client Testimonial

bank approved short sale for 2nd lien but realtor couldn't sell it for 240K, deal never closed but 2nd lien took discount off 40,000

Short Sale Location


Property Details

AddressSpring, TX 77379
SQFT4451
Bedrooms5
Bathrooms4.5
Stories2
Year Built2004
SubdivisionSpring Lakes
CountyHarris County
SHORT SALE ACCEPTED BUYER BOTH BUYERS FINANCING FELL THROUGH